Guotai Junan: Deepseek catalyzes the fusion of AI and light industry, worth looking forward to.

Guotai Junan released a research report stating that Deepseek has emerged to accelerate the penetration of AI models. The rise of the Deepseek model is expected to accelerate the penetration and product enhancement of end-side products, opening up sales space. The performance of products under the integration of AI and light industry is worth looking forward to. Guotai Junan's main points are as follows: AI Glasses: Through functions such as voice interaction and image recognition, the integration of auditory and visual interactions is achieved, bringing a new user experience with real-time translation and image recognition. According to Viscion Information, global sales of AI smart glasses are expected to reach 1.52 million units in 2024 (24,000 units in 2023), with sales of 1.45 million units for Ray-Ban Meta smart glasses. It is estimated that global sales of AI smart glasses will reach 3.5 million units in 2025, a 230% increase from 2024, with the main growth coming from the continued increase in sales of Ray-Ban Meta, the launch of new AI smart glasses, and the entry of major manufacturers such as Xiaomi and Samsung. AI Home: Design end: With the help of advanced AI technology, home design software can generate design effects with different wall, floor, and ceiling materials based on preset parameters, and provide a variety of material choices. In addition, the software can analyze and refine design style recommendations and product recommendations based on data models, improving the overall operational efficiency of the home design industry chain. Product end: AI mattresses with core advantages have built-in artificial intelligence systems that can automatically identify users' body types, sleeping positions, and body pressure distribution. The product provides personalized optimal sleep support by combining biomechanical modeling and AI algorithm analysis with sleep medicine databases. The product also provides rhythm guidance for sleep and monitors sleep indicators. AI Plus Others: AI Toys: Products enhance natural language processing and machine learning technologies based on voice interaction capabilities, through human-like, animal-like, or IP-like ways to interact with users in multiple dimensions of sight, sound, and touch, achieving high interactivity, educational value, and emotional value. CES 2025 saw the launch of new flagship products such as Mengyou Intelligent Rope and Casio Moflin. AI Fitness Equipment: Real-time monitoring of key indicators of user activity, precise assessment of physical fitness, and customization of optimal training plans. Shuhua Sports has launched the V9 commercial smart treadmill. AI Standing Desks/Smart Screens: Loctek Ergonomic Technology Corp.'s AI standing desk enables voice-controlled lifting and provides smart assistant services (weather, music, memos). Investment recommendation: The rise of the Deepseek model is expected to accelerate the penetration and product enhancement of end-side products, opening up sales space. Recommended targets include Mingyue Optical Lens (301101.SZ), with beneficiaries such as: AI Glasses: Impulse (Qingdao) Health Tech (002899.SZ), Doctorglasses Chain (300622.SZ), CONANT OPTICAL (02276). AI Toys: Shifeng Cultural Development (002862.SZ), Guangdong Qunxing Toys Joint-stock (002575.SZ). AI Home: Juren Home (000785.SZ), Guangzhou Shangpin Home Collection (300616.SZ), Red Star Macalline Group Corporation (601828.SH), De Rucci Healthy Sleep (001323.SZ), Xilinmen Furniture (603008.SH), Chengdu Qushui Science and Technology (301336.SZ). AI Interactive Others: Shuhua Sports (605299.SH), Loctek Ergonomic Technology Corp. (300729.SZ). Risk warning: Changes in technology paths, performance may not meet expectations.